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Midwest University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431658069 ✦ Wentzville, MO ✦ Designated as a 501(c)(3)

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Overview

What is Midwest University?

Midwest University is a nonprofit institution located at 851 Parr Road, Wentzville, Missouri 63385. It specializes in offering undergraduate, postgraduate, and doctoral degrees in various fields such as theology, business administration, music, aviation management, counseling, education, and leadership. The university is driven by a Christian mission, dedicated to the exploration, discernment, and dissemination of God's truth. It encourages students to comprehensively consider God's word, evaluate their personal vocational ministries, and assume Christian global responsibilities. Midwest University is committed to academic excellence, fostering an environment that inspires students to delve into theological and professional studies. With a staff of 20 individuals, the university continues its mission to equip students for their future careers and global roles.


Official website here: www.midwest.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.

Midwest University has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial transparency. While the organization boasts a strong independent board with 87% of its members being independent and has no reported material diversions of assets, there are significant weaknesses in its financial practices, such as a low program expense ratio of 50.98%, which suggests that less than half of its expenses are directed towards its programs.

The university has received full scores for its audit and oversight committee and conflict of interest policies, but it lacks key policies such as a whistleblower policy and a document retention policy. Furthermore, it has not posted its tax form on its website, which impacts its overall transparency score. These limitations highlight areas where Midwest University could improve to enhance trust and accountability among its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Midwest University legitimate?

Midwest University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $133,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $604,351

For more financial information, click here


Official website here: www.midwest.edu

What is the mission statement of Midwest University?

Midwest University, as a Christian institution of higher learning, is dedicated to exploring, discerning, sustaining, and disseminating God's truth. The university is committed to excellence in education, encouraging students to comprehensively consider God's word and work to evaluate their personal vocational ministries. Midwest University also encourages students to assume Christian global responsibilities. The institution offers various degrees in fields such as theology, business administration, music, aviation management, counseling, education, and leadership, with the aim of fostering personal growth and service in a faith-based context.


Official website here: www.midwest.edu

Who is the CEO of Midwest University?

Dr James Song is the Board Member of Midwest University.


Official website here: www.midwest.edu

What is the revenue of Midwest University?

Midwest University's revenue in 2023 was $2,646,109.


Official website here: www.midwest.edu

Who are the executives of Midwest University and what are their salaries?

The average compensation at Midwest University during 2023 was $36,908. There are 20 employees and 50 volunteers at Midwest University.


Here are 10 key members and their salaries:


Dr Stephen Combs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Spencer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dae Hyuk Kang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Davidson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Haskins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindell Shumake (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Min Sung Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Song (University President)
  • Compensation: $85,700
  • Related: $0
  • Other: $0
Incheol Jang (Director Of Finance)
  • Compensation: $43,700
  • Related: $0
  • Other: $0


Official website here: www.midwest.edu

Where can I find the form 990 for Midwest University?

Midwest University's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.midwest.edu

Learn more at the official website: www.midwest.edu

Mission Statement of Midwest University

Midwest University, as a Christian institution of higher learning, is dedicated to exploring, discerning, sustaining, and disseminating God's truth. The university is committed to excellence in education and encourages students to comprehensively consider God's word, work to evaluate their personal vocational ministries, and assume Christian global responsibilities. Midwest University offers a wide range of degree programs, including Bachelor, Master, and Doctorate degrees in theology, business administration, music, aviation management, counseling, education, and leadership. The mission of Midwest University is to foster an environment that nurtures spiritual growth and equips students with the knowledge and skills necessary to make a positive impact in the world, guided by their Christian beliefs.

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Impact




July, 2024

Midwest University's impact lies in its dedication to exploring, discerning, sustaining, and disseminating God's truth through higher education. By offering a range of degree programs in theology, business administration, music, aviation management, counseling, education, and leadership, the university equips students to comprehensively consider God's word, evaluate personal vocational ministries, and assume Christian global responsibilities. Through its commitment to excellence in education, Midwest University plays a vital role in shaping individuals who are prepared to make a positive impact in their communities and beyond.




This information is meant to be a general summary of Midwest University. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,646,109 (2023)
Expenses
$1,932,474 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $23,206
  • Program Service Revenue: $2,334,047
  • Gross Receipts: $2,646,800

Assets and Liabilities:

  • Total Assets: $3,304,495
  • Total Liabilities: $764,176
  • Net Assets: $2,540,319

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$2,067,613

STUDENT HOUSING FEES

Revenue

$204,894

GRADUATION FEES

Revenue

$61,540

Organization Details

Founding Year

1994

Principal Officer

Dr James Song

Main Address

851 PARR ROAD, WENTZVILLE, MO, 63385

NTEE Category

Code: B50 - Education

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